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Ethereum’s Rally Hits a Fork in the Road

  • Ethereum's rally received strength from an accumulation zone between $1,295 and $1,525, fueling the current uptrend.
  • Focus has now shifted to the $2,405–$2,465 range as a potential technical ceiling that could either halt the rally or lead to further gains.
  • Analysts point out a breakout target known as the 'central orange zone,' which may be triggered if Ethereum surpasses current resistance levels.
  • Short-term support for Ethereum stands at $2,145, with a breach potentially causing a decline towards the critical $1,944 zone; analysts emphasize the importance of maintaining a bullish structure.

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